Tag: Builders
10 Results
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Flat-purchasers can’t be left at builders’ mercy: SC notice to Centre
The bench noted that a uniform builder-buyer agreement is required to be framed by the Centre to protect the interests of lakhs of home buyers.
October 4, 2021 -
SC seeks states’ response on builders violating fire safety norms
The plea states: "A total of 20,377 cases of fire accidents were reported in India in 2014, in which 19,513 died and 1,889 were injured.
July 4, 2018 -
Only half P-RERA registrations after six months
Even after repeated reminders to get themselves registered with Punjab Real Estate Regulatory Authority(P-RERA), less than half of the total builders and real estate agents have turned up in past six months. Sources said nearly 900 registrations have been done by the authority including 390 registrations made by the builders of small and big projects. …
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February 12, 2018 -
Sand crisis hits Bihar, construction industry suffers
A man-made sand crisis in Bihar over the past five months has angered all stakeholders: Thousands of labourers, skilled workers, traders dealing in bricks, cement and iron rods — as also contractors in the construction and infrastructure sector and builders. Even truck and tractor owners, who are mainly engaged in transportation of sand, are unhappy …
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December 27, 2017 -
Deposit Rs 50 lakh bank guarantee: NGT to builders
The National Green Tribunal (NGT) on Thursday ordered 10 builders in Faridabad district of Haryana to deposit bank guarantee of Rs 50 lakh each within three days for building faulty sewage treatment plants (STPs). If they fail to do so, their bank accounts would be attached. The NGT bench, headed by Justice Swatanter Kumar, also …
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November 17, 2017 -
Builders to approach GST council seeking more clarification
Builders, who have been facing some “teething problems” under the Goods and Services Tax (GST) regime, are likely to submit a “comprehensive representation” to the GST Council and State Finance Ministers by the end of next week seeking clarifications on various issues, an official said on Friday. “We welcome the new tax system. We have …
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August 25, 2017 -
To protect home buyers, UP to launch RERA website on Wednesday
The Uttar Pradesh government will launch the Real Estate Regulatory Authority (RERA) website here on Wednesday, officials said on Tuesday. The website will be open for all and people can, at any point of time, verify details about the builders antecedents, including their registration number. Mukul Singhal, Principal Secretary (Housing) said the website has been …
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July 25, 2017 -
RERA gets lukewarm response, builders may face penalty
Builders have been told that they will have to face penalty after 31 July, the deadline for the registration under RERA Act.
July 23, 2017 -
Builders must pass on lower GST to buyers: Finance Ministry
The government on Thursday asked builders to pass on the benefit of lower tax under the GST system to buyers by reducing prices and instalments, otherwise the action will be violative of the anti-profiteering clause. "The builders are expected to pass on the benefit of lower tax burden under the Goods and Services Tax (GST) system to …
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June 15, 2017 -
Complete probe against builders in 90 days, HC tells police
The Bombay High Court has directed the Mumbai Police Commissioner to evolve a mechanism to ensure that investigation of offences, particularly pertaining to complaints against builders and developers, should get over within 90 days as stipulated in the Criminal Procedure Code. A division bench of the High Court headed by Justice V M Kanade also …
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November 29, 2016